Darlington Company experienced the following business events during its first month of operations. The company uses the perpetual inventory system. 1) The company purchased $13,900 of merchandise on account under terms 4/10,n/30, 2) The company returned $2,600 of merchandise to the supplier before payment was made. 3) The liability was paid within the discount period. 4) All of the merchandise purchased was sold for $21,600 cash. What is the gross margin that results from these four transactions? Multeple Choice $7,700 $5.100 510,848 $10.752